# Esha Media Research Posts ₹29.39 Lakh Q2 Loss, Board Approves Name Change to Emergent Media Research Labs

> Esha Media Research reported a ₹29.39 lakh Q2 loss on ₹82.28 lakh revenue and approved a name change to Emergent Media Research Labs Limited.

- Published: 2026-11-04T14:51:51+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-04/esha-media-research-q2-loss-name-change
- Source: [ScanX](https://scanx.trade/stock-market-news/companies/esha-media-research-q2fy27-results-net-loss-widens-12-yoy/55348358)

## Key takeaways

- Esha Media Research reported a standalone net loss of ₹29.39 lakh for the quarter ended September 30, 2026, against ₹33.51 lakh a year earlier.
- Revenue from operations rose 17.5% year-on-year to ₹82.28 lakh, while employee benefits expenses climbed to ₹67.03 lakh.
- The board approved a name change to Emergent Media Research Labs Limited and the conversion of 52.50 lakh warrants into equity shares.

[Esha Media Research](https://akta.pro/company-profiles/003jz5b/esha-media-research) Ltd reported a standalone net loss of ₹29.39 lakh for the quarter ended September 30, 2026, against ₹33.51 lakh in the same period last year, while revenue from operations rose 17.5% to ₹82.28 lakh. [ScanX](https://scanx.trade/stock-market-news/companies/esha-media-research-q2fy27-results-net-loss-widens-12-yoy/55348358) reported the results and the board decisions taken at its November 4, 2026 meeting.

## Esha Media's Q2 Results and Board Decisions

Revenue from operations rose from ₹70.04 lakh a year earlier, and total income rose 17.9% to ₹82.67 lakh. Total expenses increased 8.1% to ₹112.06 lakh. Employee benefits expenses rose to ₹67.03 lakh from ₹55.33 lakh, and finance costs rose to ₹7.15 lakh from ₹2.54 lakh. Basic loss per share was ₹0.35, against ₹0.43 a year earlier.

The board approved changing the company's name to Emergent Media Research Labs Limited, subject to regulatory approvals, and shifting the registered office within Mumbai. It approved the appointment of Shreya Agrawal as Chief Executive Officer and of Brijmohan Pooranmal Agarwal as an Additional Independent Director. Rachna Oshan Ghatalia resigned as Company Secretary and Compliance Officer, and Gauri Pushkar Khire was appointed to the role.

The board approved converting 52,50,000 convertible warrants into fully paid-up equity shares of ₹10 each, following requests from warrant holders Wealthwave Capital Fund and Parijata Trading Pvt Ltd, both non-promoter entities. Paid-up equity share capital rose from ₹8,80,69,300 to ₹14,05,69,300. The auditor issued a qualified conclusion on an outstanding interest-free unsecured loan liability of ₹98.50 lakh that remains unregularized under the Companies Act, 2013.

## Esha Media's Borrowing Limit and Platform Shift

According to akta.pro [company records](https://akta.pro/company-data), shareholders at the 2026 Annual General Meeting authorized an increased borrowing limit of Rs 50 crore to fund strategic expansion, product development and potential acquisitions. The same records show full-year sales declined 26.58% year-on-year to Rs 2.32 crore for FY26, and that the company monitors more than 140 television channels across Indian languages including English, Hindi, Marathi, Tamil, Malayalam, Telugu, Kannada, Gujarati and Bangla.

Esha Media Research is a Mumbai-based, BSE-listed media intelligence firm founded in 1984 that provides AI-driven broadcast, print, digital and social media monitoring across nine Indian languages.

## Leadership Changes Before the Results

On July 10, 2026, Esha Media Research announced a management transition and board reconstitution effective that date, with Siddharth Saraf becoming Managing Director, ScanX reported. On October 31, 2026, the company signed an AI platform development agreement with LivingAI Solution LLP for an enterprise-grade media intelligence and reputation management platform, at a commercial consideration of ₹1.26 crore per phase, exclusive of applicable taxes, ScanX reported. On September 5, 2026, the company accepted Dr Dimple Joshi's resignation as Independent Director, effective September 4, 2026, citing personal reasons and commitments, ScanX reported.

## What Follows the November 4 Board Meeting

The name change to Emergent Media Research Labs Limited is subject to regulatory approvals, and the registered office shift within Mumbai was approved by the board.

## Companies in this story

- [Esha Media Research company profile](https://akta.pro/company-profiles/003jz5b/esha-media-research) · website: http://www.eshamedia.com

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